AGCS slips to Q4 and full year loss on back of Covid claims and reserve strengthening
Ben NorrisFebruary 19, 2021
Allianz Global Corporate & Specialty (AGCS) posted an operating loss of €225m in Q4 and €482m for 2020, as its annual combined ratio fell to 115% from 112.3% on the back of Covid-19 claims and reserve strengthening.
AG...
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Ben NorrisFebruary 19, 2021